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Atlas Copco (Copco from Compagnie Pneumatique Commerciale) is a Swedish multinational industrial company that was founded in 1873. [7] It manufactures industrial tools and equipment. The Atlas Copco Group is a global industrial group of companies headquartered in Nacka , Sweden .
It was created as a result of Atlas Copco's decision to split out its legacy business of mining equipment. Atlas Copco began to produce rock drills in 1905. In January 2017, Atlas Copco's board of directors decided to propose to the Annual General Meeting that the company be divided, and that the mining and infrastructure business be listed as ...
Sold for several years into industrial markets, CP torque impact wrenches were introduced in the 1970s into the automotive market. In 1987, Chicago Pneumatic became part of the Swedish conglomerate Atlas Copco. During 1988, more new products were launched than at any time since the late '70s, such as screwdrivers, assembly tools and new ratchet ...
Its headquarters are in Burgess Hill, UK, and has been part of the Atlas Copco Group since 2014. [ 12 ] [ 13 ] [ 1 ] Edwards holds 1,700 patents , including for dry (oil-free) vacuum pumps , and produces equipment used for manufacturing semiconductors , scientific research, freeze drying and other industries.
In July 2004, the Drilling Solutions business was sold to the Swedish company Atlas Copco. This included factories in United States, China, Japan making above ground rotary blasthole and deephole drilling machines. Atlas Copco purchased the company for US$225M. Drilling Solutions was a legacy business from the company's founding.
Model XASS from Atlas Copco circa 1985. Natural gas compressor at a gas well High pressure reciprocating compressor from Belliss and Morcom, used in the bottling industry. A compressor is a mechanical device that increases the pressure of a gas by reducing its volume. An air compressor is a specific type of gas compressor.
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This list is based on the Forbes Global 2000, which ranks the world's 2,000 largest publicly traded companies.The Forbes list takes into account a multitude of factors, including the revenue, net profit, total assets and market value of each company; each factor is given a weighted rank in terms of importance when considering the overall ranking.